Utah Admin. Code 982-502-1

Current through Bulletin No. 2024-21, November 1, 2024
Section R982-502-1 - Purpose

The purpose of this rule is to establish standards and procedures for administering the two-year pilot program to provide loan guarantees on behalf of borrowers to ensure the repayment of low-income ADU loans, and to encourage lenders to provide capital to homeowners to facilitate the construction of accessory dwelling units to rent to low-income renters, to expand the availability of low-income housing in the state.

Utah Admin. Code R982-502-1

Adopted by Utah State Bulletin Number 2022-01, effective 12/22/2021